Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition) : • 41 units at $92• 74 units at $72• 170 units at $55Sales for the year totaled 271 units, leaving 14 units on hand at the end of the year. Ending inventory using the FIFO method is:
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